$4,625,000
1421 Barry Avenue, Los Angeles CA 90025
Multi-Family (9 Units)
Property type
101 days
On market
$657
Price per sqft
N/A
Garage
1961
Year built
6,997 sqft
Lot size
Open Houses
Overview
We are pleased to present the REO sale of 1421 Barry Avenue, a turnkey student housing investment opportunity located in prime West Los Angeles between Wilshire Boulevard and Santa Monica Boulevard. Originally traditional multifamily, the property was converted in 2022 to fully furnished co-living suites and extensively renovated with modern finishes and amenities....
Listing provided by: Neema Ahadian DRE #01346750 310-909-5444, Marcus & Millichap
Listing updated: Mar 27, 2026 at 05:13pm.
Last checked: Jun 5, 2026 at 07:01pm
Source: CRMLS #26656275
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 2 | 2 | — | $2,353 | $4,706 | $4,706 | Unfurnished |
| 7 | 3 | 3 | — | $2,353 | $49,413 | $49,413 | Unfurnished |
| 1 | 4 | 4 | — | $2,353 | $9,412 | $9,412 | Unfurnished |
# of Buildings: 1
# of Units Total: 9
Financial Snapshot
Gross Rent Multiplier
6.1x
List Price / Annual Gross Rent
Cap Rate
9.6%
NOI / List Price
Net Operating Income: $444,022
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Carport
Parking Total: 9
Lot Information
Land Lease: No
Parcel #: 4263020022
Zoning: LAR3
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 1421 Barry Avenue, Los Angeles, CA 90025. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$3,700,000
Total Interest
$4,719,146
Total Payment
$8,419,146
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$28,354
per month
Property History for 1421 Barry Avenue
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90025.
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